I would like to know whether donation to a non profit charitable eductaional institution is exempted from indian income tax ? if so under what provison. Any condition or procedure to claim tax exemption ?
Thanks for your feedback. if i'm in the managment of the trust, what exemption section i should mention in our trust receipt ? Is this sourced/derived from the Act under which the said trust is registered.? or this is to be obtained from the Income tax dept on furnishing proof on the objective of the trust ?
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